Peregrine Shares Council’s Commitment to High-Quality, Reliable Automotive Electronic Components
SAN DIEGO – Nov. 19, 2014– Peregrine Semiconductor Corp. (NASDAQ: PSMI), founder of RF SOI (silicon on insulator) and pioneer of advanced RF solutions, announces its acceptance as a technical committee member on the Automotive Electronics Council (AEC). The AEC provides common part-qualification and quality-system standards for the automotive electronics industry.
“Peregrine is honored to join a select group of leading automotive industry suppliers on the Automotive Electronics Council, an organization that propels the automotive electronics industry forward with standards for reliable, high-quality components,” says Mark Miscione, Peregrine’s vice president of RF technology solutions and quality. “Peregrine has made and continues to make a significant investment in our quality program. Representation on this council recognizes this investment and provides us with the opportunity to stay focused on the stringent quality requirements, especially in regards to the harsh automotive environment.”
Peregrine has a long, established history of working with automotive ODMs (original design manufacturers), and the company has several automotive products that meet the AEC-Q100 Grade 2 requirements—the AEC’s stress test qualification for integrated circuits. This level of qualification enables ODMs to confidently use the product in the rigorous automotive environment without additional component-level qualification testing. Additionally, Peregrine maintains TS-16949 compliance and certification.
Based on UltraCMOS® technology, Peregrine’s automotive products enable superior ESD protection and reliable operation at temperatures up to 105-degrees Celsius. These benefits, paired with the repeatability and reliability of the UltraCMOS manufacturing process, make Peregrine’s automotive RF products ideal for systems including remote keyless entry, infotainment, telematics, emergency communication and automatic toll systems.
USE OF FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements regarding our management’s future expectations, beliefs, intentions, goals, strategies, plans and prospects. Such statements constitute “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any of these risks or uncertainties materialize, or if any of the assumptions prove incorrect, our actual results, performance or achievements could be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, but are not limited to, our dependence on a limited number of customers for a substantial portion of our revenues; intellectual property risks; intense competition in our industry; our ability to develop and introduce new and enhanced products on a timely basis and achieve market acceptance of those products; consumer acceptance of our customers’ products that incorporate our solutions; our lack of long-term supply contracts and dependence on limited sources of supply; and potential decreases in average selling prices for our products.
For further information regarding risks and uncertainties associated with Peregrine’s business, please refer to the filings that we make with the Securities and Exchange Commission from time to time, including those set forth in the section entitled “Risk Factors” in our Form 10-K for the year ended December 28, 2013, which should be read in conjunction with these financial results. These documents are available on the SEC Filings section of the Investor Relations section of our website at http://investors.psemi.com/. Please also note that forward-looking statements represent our management’s beliefs and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information, becomes available in the future.
ABOUT PEREGRINE SEMICONDUCTOR
Peregrine Semiconductor (NASDAQ: PSMI), founder of RF SOI (silicon on insulator), is a leading fabless provider of high-performance, integrated RF solutions. Since 1988 Peregrine and its founding team have been perfecting UltraCMOS® technology – a patented, advanced form of SOI – to deliver the performance edge needed to solve the RF market’s biggest challenges, such as linearity. With products that deliver best-in-class performance and monolithic integration, Peregrine is the trusted choice for market leaders in automotive, broadband, industrial, Internet of Things, military, mobile devices, smartphones, space, test-and-measurement equipment and wireless infrastructure. Peregrine holds more than 180 filed and pending patents and has shipped more than 2 billion UltraCMOS units. For more information, visit http://www.psemi.com.
The Peregrine Semiconductor name, logo, and UltraCMOS are registered trademarks of Peregrine Semiconductor Corporation in the U.S.A., and other countries. All other trademarks mentioned herein are the property of their respective owners.